Google puts $1M behind its promise to detect cryptomining malware
Google Cloud has put $1 million on the table to cover customers' unauthorized compute expenses stemming from cryptomining attacks if its sensors don't spot these illicit miners. Unlike their louder, flashier counterparts , cryptominers are stealthier.
Once they've broken into a victims' compute environment — often via compromised credentials — they keep quiet, deploying mining malware and then raking in cryptocurrencies using the stolen compute resources. This goes on until they get caught, which usually happens when a victim notices other legit workloads' performance lagging while their computing costs spike. Plus, according to security researchers, illicit mining is on the rise. Google's Cybersecurity Action Team found that 65 percent of compromised cloud accounts experienced cryptocurrency mining [The chocolate factory is confident that it can promptly detect and stop these attacks, and to that end it is adding cryptoming protection with up to $1 million to cover unauthorized Google Cloud compute expenses associated with undetected cryptomining attacks for its Security Command Center Premium customers. Security Command Center is Google Cloud's built-in security and security and risk-management platform, and the new service scans virtual machine memory for mining malware. In aIt does this without agents, which can slow performance and increase an organization's attack surface. Our approach enables us to detect attacks that could be missed by bolt-on security tools that rely on analysis of cloud logs and information gathered from APIs. And, if this doesn't protect the cloud security product's premium customers, then Google will reimburse them up to $1 million.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
✈️ Doncaster Sheffield Airport could reopen after £3.1m legal funding boostCan Doncaster Sheffield Airport be saved? Local leaders believe so.
Read more »
Strike action cost Royal Preston and Chorley hospitals' trust 'more than £1m in April'Industrial action by NHS staff cost the trust that runs the Royal Preston and Chorley and South Ribble hospitals more than £1m in the space of just five days.
Read more »
Cannabis worth £1m found at empty building in WellingtonThe haul was spread over several floors of a town centre business premises. Read more:
Read more »
Hedge fund founder Howard swells Tory coffers with £1m donationThe co-founder of Brevan Howard Asset Management's seven-figure donation is likely to be confirmed by the Electoral Commission in September, Sky News learns.
Read more »
BT chief Jansen to see £1.1m salary frozen until retirementPhilip Jansen’s base pay will be held at the level at which it was set when he joined the FTSE-100 telecoms giant in 2019, Sky News understands.
Read more »
Hedge fund founder Alan Howard swells Tory coffers with £1m donationThe co-founder of Brevan Howard Asset Management's seven-figure donation is likely to be confirmed by the Electoral Commission in September, Sky News learns.
Read more »